Day: December 20, 2021

Weekly review of key events in Azerbaijan’s financial market

The Board of the Central Bank of Azerbaijan (CBA) last week made a decision to increase the interest rate from seven percent to 7.25 percent, Trend reports. At the same time, the upper limit of the interest rate band increased from eight percent to 8.25 percent, while the lower limit remained unchanged

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Azerbaijani currency rates for December 20

Azerbaijani oil prices varied last week, Trend reports on Dec. 20. The average price for Azeri Light CIF oil, produced at the Azeri-Chirag-Gunashli (ACG) field, made up $75.92 per barrel, having increased by $4.82 (6.78 percent) compared to the previous price. The maximum price for Azeri Light CIF oil amounted to $77.1

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